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Job Claims Dip Amid Inflation Watch | Lubbock News
Description
Unemployment claims edged up slightly to 199,000, but the four-week average dipped—signaling stability in the job market. With inflation still hovering at 3.7% and the Fed eyeing possible rate hikes, businesses remain cautious. Big names like Verizon, UPS, and Amazon are adjusting workforces amid mixed sector trends. The July jobs report looms, offering a clearer picture—and we’re watching closely to see if this bump is a blip or a warning sign.
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